‘Essential’ MGAs, Other DUAEs Face Inflation, Staffing Pressures March 21, 2022 By Susanne Sclafane Taking a deep dive into the world of managing general agents and other delegated underwriting authority enterprises, AM Best reports...
Funds Transfer Fraud Skyrockets in 2021; Small Businesses Hit Hard March 21, 2022 By Chad Hemenway Cyber claims from small and midsize businesses saw a “material uptick” in 2021, with funds transfer fraud a main culprit,...
Inflation Outpacing Premium Increases for Auto and Homeowners Lines March 21, 2022 By Jim Sams US Insurers — already hammered by extraordinary losses caused by natural disasters — are failing to raise premiums at a...
More Price Increases for US Commercial Insurance in Q4 2021: WTW March 21, 2022 U.S. commercial insurance prices rose again in the fourth quarter of 2021, according to WTW’s latest Commercial Lines Insurance Pricing...
My Story of Failure: Moving Forward by Looking Back March 21, 2022 By Tony Caldwell It comes upon you suddenly, and without warning. Fear. The kind of fear that strikes you physically like electricity running...
On the Water: Boats & Risk March 21, 2022 By Patrick Wraight People who like the water like boats. This might be a gross misuse and the mariners among us might get...
Texas Supreme Court Allows For Exception to 8-Corners Rule March 7, 2022 By Jim Sams For more than 50 years, insurers have known that their duty to defend a Texas policyholder from a lawsuit must...
California Couple Sentenced in $1M Workers’ Comp Fraud Case March 7, 2022 Carmen Hall Soruco, 70, and her husband Antonio Soruco, 75, both of Novato, California, were sentenced after pleading guilty to...
Lawsuit: Faulty Equipment Killed California Firefighters March 7, 2022 The families of two California firefighters killed in a 2020 blaze are suing several makers of life-saving equipment for negligence,...
Washington Roofing Manufacturer Fined $100K in Worker Death March 7, 2022 The failure to follow lockout/tagout procedures was directly connected to the death of a worker in Sumas, Washington, when an...